112,361 Shares in Godaddy Inc (GDDY) Acquired by University of Notre Dame DU Lac

University of Notre Dame DU Lac purchased a new position in Godaddy Inc (NYSE:GDDY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 112,361 shares of the technology company’s stock, valued at approximately $4,889,000. University of Notre Dame DU Lac owned approximately 0.07% of Godaddy as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GDDY. Teachers Advisors LLC grew its stake in shares of Godaddy by 55.8% during the first quarter. Teachers Advisors LLC now owns 96,501 shares of the technology company’s stock worth $3,657,000 after purchasing an additional 34,575 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Godaddy by 37.8% during the first quarter. Dimensional Fund Advisors LP now owns 139,990 shares of the technology company’s stock worth $5,305,000 after purchasing an additional 38,370 shares in the last quarter. Morgan Stanley grew its stake in shares of Godaddy by 101.2% during the first quarter. Morgan Stanley now owns 70,970 shares of the technology company’s stock worth $2,690,000 after purchasing an additional 35,700 shares in the last quarter. State Street Corp grew its stake in shares of Godaddy by 6.2% during the first quarter. State Street Corp now owns 591,293 shares of the technology company’s stock worth $22,412,000 after purchasing an additional 34,704 shares in the last quarter. Finally, Aperio Group LLC grew its stake in shares of Godaddy by 5.6% during the second quarter. Aperio Group LLC now owns 6,993 shares of the technology company’s stock worth $297,000 after purchasing an additional 373 shares in the last quarter. Institutional investors and hedge funds own 84.26% of the company’s stock.

Shares of Godaddy Inc (GDDY) traded down $0.68 during trading hours on Tuesday, hitting $47.32. 2,126,200 shares of the stock were exchanged, compared to its average volume of 1,212,947. Godaddy Inc has a 1-year low of $33.55 and a 1-year high of $51.29. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 5.15. The stock has a market capitalization of $8,003.04, a PE ratio of 154.84, a price-to-earnings-growth ratio of 8.54 and a beta of 0.65.

A number of brokerages recently commented on GDDY. B. Riley reiterated a “buy” rating and set a $53.00 target price on shares of Godaddy in a research note on Wednesday, August 9th. Oppenheimer upped their price objective on shares of Godaddy from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, August 10th. Raymond James Financial upped their price objective on shares of Godaddy from $47.00 to $48.00 and gave the company an “outperform” rating in a research note on Wednesday, August 9th. Stifel Nicolaus set a $41.00 price objective on shares of Godaddy and gave the company a “hold” rating in a research note on Wednesday, August 9th. Finally, Royal Bank Of Canada upped their price objective on shares of Godaddy from $44.00 to $47.00 and gave the company an “outperform” rating in a research note on Wednesday, August 9th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $50.00.

In other news, insider Barbara J. Rechterman sold 35,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $49.83, for a total value of $1,744,050.00. Following the sale, the insider now directly owns 50,427 shares in the company, valued at $2,512,777.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Barbara J. Rechterman sold 39,314 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $44.27, for a total transaction of $1,740,430.78. Following the completion of the sale, the insider now owns 54,741 shares in the company, valued at $2,423,384.07. The disclosure for this sale can be found here. Insiders have sold 12,267,630 shares of company stock valued at $537,735,563 over the last three months. 22.68% of the stock is currently owned by corporate insiders.

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Godaddy Company Profile

GoDaddy Inc is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence.

Institutional Ownership by Quarter for Godaddy (NYSE:GDDY)

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